Landlords of residential property happy in Trinidad
Residential Valuation Specialist | December 23, 2011
| Last Updated: Dec 23, 2011 | |||||
| TRINIDAD - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 120 sq. m. | 280,080 | 1,607 | 6.88% | 2,334 | 13.39 |
| 250 sq. m. | 570,750 | 3,423 | 7.20% | 2,283 | 13.69 |
| TRINIDAD - Houses | |||||
| 300 sq. m. | 681,000 | 3,885 | 6.85% | 2,270 | 12.95 |
| 700 sq. m. | 1,316,700 | n.a. | n.a. | 1,881 | n.a. |
| Blanchisseusse Beach,Cascade, Englishman´s Bay, Glencoe, Goodwood Park, Maraval, Mount Irvine, Petit Valley, St. Ann´s, St. Clair, Westmoorings Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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With gross rental yields of around 7% on most types of property, landlords have good reason to be content. This is a good return on your investment, even if you do have to take away vacancies, maintenance, and other costs.